How Does the VA Check Your Income?
Transcript How does the VA check your income? It checks the income the same as other other loans. They check your income history via your W 2, 1099, your tax returns, and also your current pay stubs. And if…
Is It Hard for a House to Pass VA Inspection?
Transcript Is it hard for a house to pass a VA inspection? In my experience, the answer is no, but it depends on the condition of the home. If the house is in a major amount of disrepair, then…
Who Pays for the Appraisal on a VA Loan?
Transcript Who pays for the appraisal on a VA loan? Typically, it’s the borrower that pays for the appraisal on the VA loan on the home they’re purchasing or refinancing.
Unlocking Homeownership: Strategies to Afford a Down Payment
For many prospective homebuyers, saving for a down payment can be a significant hurdle on the path to homeownership. However, with careful planning and disciplined saving, achieving that down payment goal is entirely feasible. Here are some strategies to help…
How Many Pay Stubs Do You Need for a VA Home Loan?
Transcript How many pay stubs do you need for a VA loan? Typically, if you get paid every two weeks, you need two pay stubs.
Are VA Appraisals Typically Low?
Transcript Are VA appraisals typically low? That’s hit or miss. There are some VA appraisers that don’t do a good job and they come in with low values. Unfortunately, when we place appraisals, all lenders have to put it…
Texas VA Loan Refinance: Essential Tips & Considerations
If you’re a Texas resident and a current or former service member, you may be eligible for a VA loan refinance. Refinancing your VA loan can offer a range of benefits, from lower interest rates to changing loan terms to…
5 Crucial Questions to Ask a Mortgage Professional Before Buying a Home
When it comes to purchasing a home, securing the right mortgage is a pivotal step in the process. To ensure you make informed decisions and choose the mortgage that best fits your needs, it’s essential to ask the right questions…
Do VA Loans Check Credit?
Transcript Do VA loans check credit? Absolutely, they do check your credit and they use your credit to qualify you for the VA loan.
What Do VA Lenders Look For?
Transcript What do VA lenders look for? They look at credit history, they look at debt to income ratio, and they look at the property qualifications. Those are the main things that determine whether you can get the loan.
